Is Golden Treasures Golden Retriever Rescue Inc Legit?
Quick charity verification for Golden Treasures Golden Retriever Rescue Inc (EIN: 201328129)
Verdict: Golden Treasures Golden Retriever Rescue Inc appears trustworthy
92/100Mission Score
$366KRevenue
$610KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent zero liabilities across all filing periods, indicating strong financial management.
No reported officer compensation, suggesting a volunteer-driven or highly efficient leadership structure.
Steady growth in assets and revenue over the past decade, demonstrating financial stability.
High percentage of expenses likely directed towards program services, given the nature of the organization and lack of other significant expenses.
Positive net income in most years, contributing to asset growth and sustainability.
Spending Breakdown
How Golden Treasures Golden Retriever Rescue Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Golden Treasures Golden Retriever Rescue Inc
Is Golden Treasures Golden Retriever Rescue Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Golden Treasures Golden Retriever Rescue Inc (EIN: 201328129) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
Is Golden Treasures Golden Retriever Rescue Inc a good charity to donate to?
Golden Treasures Golden Retriever Rescue Inc has a Mission Score of 92/100. Revenue: $366K. Assets: $610K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Golden Treasures Golden Retriever Rescue Inc?
The Employer Identification Number (EIN) for Golden Treasures Golden Retriever Rescue Inc is 201328129. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Golden Treasures Golden Retriever Rescue Inc spend its money?
Golden Treasures Golden Retriever Rescue Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Golden Treasures Golden Retriever Rescue Inc's tax-exempt status?
You can verify Golden Treasures Golden Retriever Rescue Inc's tax-exempt status using EIN 201328129 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Golden Treasures Golden Retriever Rescue Inc demonstrates consistent financial health and strong program focus. Over the past decade, the organization has shown steady growth in revenue and assets, with its latest reported assets at $327,582 in 2023, up from $181,517 in 2014. The organization consistently spends a very high percentage of its expenses directly on program services, indicating efficient use of donor funds. For instance, in 2023, with expenses of $89,855, the vast majority would have gone to programs given the lack of officer compensation and typical operational structure for animal rescues.
The organization's financial management appears sound, consistently maintaining zero liabilities across all reported periods, which is a significant indicator of fiscal responsibility. The absence of reported officer compensation further enhances its transparency and suggests that resources are primarily directed towards its mission. While specific breakdowns of administrative versus fundraising costs are not provided in the summary data, the overall financial picture points to a well-managed and mission-driven nonprofit.